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The Recycled Scam Pattern You Need to Know About
Notice a familiar pattern emerging across certain Solana-based projects? White Whale, White Dog, White Guru—different names, same playbook.
What happened in late 2024 tells the story. PumpFun was swamped with activity—roughly 50,000 new tokens launching daily. Retail traders? They absorbed devastating losses, with most positions down 90-95%. The platform bled users.
Fast forward to 2025, and the picture got worse. User activity cratered by approximately 90%. Daily token launches collapsed from 50k to just 5k. The ecosystem that once thrived on volume now struggles with engagement.
The pattern is clear: when a platform becomes saturated with low-quality or fraudulent projects, legitimate users exit. The scammers move their infrastructure, rebrand their tactics, and repeat. Same team, fresh names. Same tactics, new victims.
If you're exploring Solana tokens, this is the moment to ask harder questions about project legitimacy and team transparency.